St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-03-16
A RTIcLrs OF MISREPRESENTATION u,se,

A RTICLES OF ACKNOWLEDGEMENTS under
IA signed being DESTROYS Of forming . cor
poration in accordance with the laws of the state
OF Minnesota in such case made and provided do
for said purpose hereby associate themselves to-
gether and hereby sign and adopt the following
articles OF incorporation:
Article 1.-The name of this corporation sh ALI bs
the MARX Paine Lumber Company"
Article 2-The object for VIII CHI this corporation
is formed and the general nature of its business
shall be the purchase and sale of all kinds of lum-
ber lath, shingles and all material pertaining TO
the lumber trade, and the purchase, holding and
sale of real estate.
The principal place of business and the general
Office OF said corporation shall be at the CITY of
Minneapolis, Minnesota, and said corporaton
shall have the ght to do business at other places
shall be deemed best.
Article 3-This corporation shall commence on
the LIST day of April A, ID. 1887, and shall continue
for period of thirty years thereafter.
Article 1.-THE amount of capital stock Of said
corporation shall be fifty thousand (S5O,0 OO) dol
lars, divided into 1000 shares of fifty ($5O) dollars
each. Said shares to be paid in as the Board OF
Directors shall determine and direct.
Article 5-The highest amount OF indebtedness
to which said corporation shall ut any time be
subject shall be twenty-five thousand ($25, 00O) dol
lars
Article 6-The names and places Of residence OF
the persons forming this corporation are as fol-
lows. to-wit: James NJ. Paine, Minneapolis, Min
nesota; Edgar W. Wilson, Minneapolis, Minnesota,
and Mark Paine Northern Pacific Junction, Min
nesota.
Article 1.-THE government of this corporation
be vested IN a board of three 90 directors They
shall be elected by ballot vote of the stockhod-
ers leach share being entitled to vote) at each
annual meeting thereof and shall hold their of
fees for one year. OF until their successors are
duly elected and qualify in their stead
The annual meeting OF this corporation shall be
held on the first Tuesday of May in each and
every year at its general office in MINNEAPOLIS ex.
cept that no annual meeting shall be held in the
year 1887.
The annual meeting of the Board of Directors
shall be held each and fha
1887 at the general Office of said corporation in
said Minneapolis, Immediately after the adjourn
ment of the annual meeting of said corporation
The first Board OF Directors of said corporation
shall consist OF the following named persons vino
shall hold their offices until the annual meeting
OF the corporation tor the year 1855 or until their
successors are elected and qualify in their stead:
james NJ. Paine, Edgar w. Wilson and Mark
Paine.
Article s-The officers of this CORPORATION shall
be President, Vice President, Secretary and Treas.
urer. The same person may hold the Offices Of
Secretary and Treasurer in said corporation ut the
same time. They shall be elected by the Board
of Directors at each annual meeting after the year
1887 and shall hold their Offices for one year, or
unit their successors are elected and qualify in
their stead. The first officers of this corporation
shall be the following named persons: President
james NJ Paine; Vice President, Edgar W. Will
son; Secretary and Treasurer, Mark Paine. They
shall hold their Offices until the annual meeting
of the Board of Directors for the year 1885, or UNI
til their successors are elected and qualify in
their stead. Vacancies occurring in any Office Of
the Board of Directors shall be filed by the Board
Of Directors at its next meeting.
In witness whereof the incorporators herein
named have hereto set their hands and seals this
Sth day of March, A. ID. 1887.
MARK PAINE. fseaI1
EDGAR W.wILSON, fSeall
JAMES N. PAINE. Seal